Commercial Account Opening Specialist

Posted Yesterday
Be an Early Applicant
5 Locations
In-Office
21-26 Hourly
Junior
Fintech • Payments • Financial Services
The Role
Provides administrative support to Treasury and Commercial sales teams by opening and maintaining commercial deposit accounts. Prepares and sends account documentation, processes signer, address, and account-type changes, communicates with clients and sales associates, follows risk-mitigation procedures, and stays current on regulatory and product changes. Requires strong organization, communication, attention to detail, dependability, and service orientation in a team-based environment.
Summary Generated by Built In

Position Summary

The Commercial Account Opening Specialist provides administrative support to the Treasury and Commercial sales team across all markets and regions. Assists in opening new commercial deposit accounts and performing various maintenance on existing commercial accounts.

Duties & Responsibilities
  • Collaborate with Treasury and Commercial Sales Associates to support client needs and requests.
  • Complete documentation for new account setups and send documentation to clients for execution.
  • Open Deposit accounts for commercial clients.
  • Perform various maintenance for commercial accounts, including but not limited to, changing account signers, address changes, and adjusting account types.
  • Ensure that all administrative tasks and duties are executed in a professional, timely and efficient manner.
  • Consistently maintain a high level of communication with Treasury and Commercial Sales Associates and clients.
  • Follow all processes and procedures to mitigate risk for the bank.
  • Remain current with regulatory and/or Commercial deposit products and service changes.
  • Interact with internal and external clients while providing service excellence.
  • Reliable and predictable attendance; both onsite and remote.

Education & Experience
  • Knowledge of:
  • Proven performer in a fast-paced service-oriented role.
  • Knowledge and understanding of commercial account products, services and operations preferred.
  • Demonstrated knowledge and experience with office automation equipment, including phones, computers and related banking software, including Microsoft Word, Excel, Outlook, and DocuSign preferred.
  • Ability to:
  • Demonstrated ability to prioritize workflow and projects, support and function in a team-based environment.
  • Communication Skills; both verbal and written.
  • Exceptional organizational skills and demonstrated success in a multi-task environment with attention to detail and follow through
  • Persistence, flexibility, and a high service orientation are required, as well as a reputation for dependability, professionalism and a commitment to teamwork.
  • Education and Training:
  • Bachelor’s Degree, (Business Administration or a related field preferred) or equivalent work experience.
  • High school diploma required.
  • One year commercial account opening experience preferred.

Compensation and Benefits 

Salary offered is based on factors, including but not limited to, the job duties, required qualifications and relevant experience, and local market trends. The role may be eligible for bonus or incentives based on company and individual performance. 

  

(Base Pay Range: $21 - $26/ hour)

  

Busey provides a competitive Total Rewards package in return for your time, talents, efforts and ultimately, results. Your personal and professional well-being—now and in the years to come—are important to us. Busey’s Total Rewards include a competitive benefits package offering 401(k) match, profit sharing, employee stock purchase plan, paid time off, medical, dental, vision, company-paid life insurance and long-term disability, supplemental voluntary life insurance, short-term and long-term disability, wellness incentives and an employee assistance program. In addition, eligible associates may take advantage of pre-tax health savings accounts and flexible spending accounts. Visit Busey Total Rewards for more information.  

  

Equal Opportunity  

Busey values a diverse and inclusive workplace and strives to recruit, develop and retain individuals with exceptional talent. A team with diverse talent, working together, is essential to Busey’s commitment of delivering extraordinary excellence. Busey is an Equal Opportunity Employer including Disability/Vets. Visit Busey.com/Careers to learn more about Busey’s Equal Opportunity Employment. 

  

Unsolicited Resumes 

Busey Bank, and its subsidiaries, does not accept any liability for fees for resumes from recruiters or employment agencies ("Agency"), without a binding, written recruitment agreement between Busey and Agency describing the services and specific job openings ("Agreement"). Busey may consider any candidate for whom an Agency has submitted an unsolicited resume and explicitly reserves the right to hire those candidate(s) without any financial obligation to the Agency, unless an Agreement is in place. Any email or verbal contact with any Busey associate is inadequate to create a binding agreement. Agencies without an Agreement are requested not to contact any associates of Busey with recruiting inquiries or resumes. Busey respectfully requests no phone calls or emails. 

Skills Required

  • High school diploma
  • Bachelor’s degree or equivalent work experience
  • Ability to prioritize workflow and projects in a team-based environment
  • Strong verbal and written communication skills
  • Exceptional organizational skills and attention to detail
  • Ability to multitask and follow through on responsibilities
  • Persistence, flexibility, dependability, professionalism, and a strong service orientation
  • Experience in a fast-paced, service-oriented role
  • Knowledge of commercial account products, services, and operations
  • Experience with Microsoft Word, Excel, Outlook, DocuSign, and related banking software
  • One year of commercial account opening experience
  • Bachelor’s degree in Business Administration or a related field

Busey Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Busey and has not been reviewed or approved by Busey.

  • Retirement Support Retirement programs include a 401(k) with company match alongside a profit‑sharing plan, creating multiple employer‑supported savings channels. This structure strengthens long‑term financial security beyond base pay.
  • Equity Value & Accessibility An Employee Stock Purchase Plan is available, adding an ownership pathway that complements traditional retirement benefits.
  • Leave & Time Off Breadth Paid time off, paid holidays, paid parental leave, and volunteer time off are included, supporting time away for family and community. Flexible scheduling features in some materials further support practical use of time off.

Busey Insights

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The Company
HQ: Champaign, IL
1,337 Employees
Year Founded: 1868

What We Do

As of September 30, 2023, First Busey Corporation (Nasdaq: BUSE) was a $12.26 billion financial holding company headquartered in Champaign, Illinois. Busey Bank, a wholly-owned bank subsidiary of First Busey Corporation, had total assets of $12.23 billion as of September 30, 2023, and is headquartered in Champaign, Illinois. Busey Bank currently has 46 banking centers serving Illinois, eight banking centers serving Missouri, three banking centers serving southwest Florida, and one banking center in Indianapolis, Indiana. Through Busey’s Wealth Management division, the Company provides asset management, investment, and fiduciary services to individuals, businesses, and foundations. Assets under care totaled $11.55 billion as of September 30, 2023. Busey Bank’s wholly-owned subsidiary, FirsTech, specializes in the evolving financial technology needs of small and medium-sized businesses, highly regulated enterprise industries, and financial institutions. FirsTech provides comprehensive and innovative payment technology solutions including online, mobile, and voice-recognition bill payments; money and data movement; merchant services; direct debit services; lockbox remittance processing for payments made by mail; and walk-in payments at retail agents. More information about FirsTech can be found at firstechpayments.com. Busey Bank is honored to be named among America’s Best Banks by Forbes magazine for the second consecutive year. Ranked 26th overall in 2023, compared to 52nd in last year's rankings. Busey was named among DiversityInc’s Top Regional Companies. The DiversityInc Top 50 survey is the external validator for large U.S. employers that model fairness in their talent strategy, workplace and supplier diversity practices, and philanthropic engagement. We are honored to be consistently recognized nationally and locally for our engaged culture of integrity and commitment to community development. For more information about us, visit busey.com.

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